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Access here alternative investment news about Glovo, The On-demand ‘deliver Anything’ Local App, Raises $169M Series D – Techcrunch
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Glovo, The On-demand ‘deliver Anything’ Local App, Raises $169M Series D – Techcrunch

by techcrunch.com posted 4months ago 60 views
Glovo, the Spain-headquartered on-demand delivery app that has similarities to Postmates in the U.S., has raised $169 million (€150m) in Series D funding. Lakestar led the round alongside Drake, owner of global pizza franchise Papa John’s. Idinvest Partners and Korelya Capital also participated, bringing total raised to approximately $322 million. The company last raised funding ten months ago: a $134 million Series C round from Seaya Ventures, Cathay Innovation and Rakuten Capital.